Succession Announced At Joy Global
Joy Global, the Milwaukee-based producer of P&H surface mining equipment and Joy underground mining machinery, has announced that President and CEO Michael W. Sutherlin will retire at the end of this year. In accordance with the company’s succession plan, the company’s board has designated Edward (“Ted”) L. Doheny II, currently president and chief operating officer of the Underground Mining Equipment division, to succeed
At that time, Joy said it will also create a new position of corporate chief operating officer, which will be assumed by Randal W. Baker, currently president and chief operating officer of the Surface Mining Equipment division. In his new role, Baker will oversee both the surface and underground mining equipment divisions.
Sutherlin, 66, said he expects to formally retire on February 1, 2014. The transition in responsibilities to Doheny will be completed by December 2013, immediately following publication of the company’s fiscal 2013 full year results.
Doheny, 50, has served as executive vice president of Joy Global and as president and COO of the Underground Mining Equipment division since 2006. Prior to joining Joy Global, he spent 20 years with Ingersoll-Rand Corp. in a series of senior executive positions. Baker, 49, has served as executive vice president of Joy Global and as president and COO of the Surface Mining Equipment division since 2009. Before coming to Joy Global, Baker was president and CEO of Case IH Agriculture Inc. from 2004 to 2009 and from 2000 to 2004 he served as vice president and general manager of Komatsu Mining Systems.